26 April 2024
Iraqi government approves draft hydrocarbons law
Publication date: 30 August 2011
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Foreign investors in Iraq’s oil and gas sector received a boost on Monday as Iraqi ministers approved a draft hydrocarbons law after years of political wrangling, according to reports. Iraq’s parliament, which last month threatened to force through a new draft law if cabinet ministers could not approve the original legislation, will now seek to ratify the law.